Tata Sons to hold 49% stake in AirAsia India; Bhatia to exit
Tata Sons will hike its stake in AirAsia India to 49 percent by buying additional shares from Arun Bhatia's Telestra which will be exiting the venture amid concerns over ownership and control at the low cost carrier
Mar 28, 2016, 20:00 PM IST
Tata Sons to hike AirAsia India stake to 49%
Tata Sons will hike its stake in AirAsia India to 49 percent by acquiring additional shares from Arun Bhatia's Telestra, which will be exiting the no-frills airline.
Mar 28, 2016, 12:44 PM IST
Shareholding to remain unchanged at this stage: AirAsia India
AirAsia India is a joint venture between Malaysia's AirAsia Berhard, Tata Sons and Arun Bhatia's Telestra Tradeplace. The start-up carrier has been in the red since starting operations in June 2014.
Feb 03, 2016, 20:02 PM IST
Tata Sons, Telestra in discussions to hike stake in AirAsia
Tata Sons, which partly budgets carrier AirAsia India is looking at hiking its stake in the airline and is in discussions with Telestra Tradeplace in this regard.
Jun 17, 2015, 19:36 PM IST